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600 N Euclid Ave

12,125 SF 100% Leased Office Building Upland, CA 91786 $3,400,000 ($280/SF) 4.84% Cap Rate

Investment Highlights

  • 100% Leased Medical Office Building in Upland, CA
  • Value-Add Opportunity from Expiring, Below Market Leases
  • Strong Submarket – Sub 5% Vacancy
  • Less than 1 Mile from San Antonio Community Hospital (San Bernardino)
  • Owner User Can Occupy 6,500 SF and Pay$1.12 per SF NNN (After Principal Reduction)
  • 2.85 Years Weighted Average Lease Term

Executive Summary

Marcus & Millichap is pleased to present a 100% leased medical office building strategically located on N Euclid Avenue in Upland, California, just one mile from the highly regarded San Antonio Community Hospital. The property has a staggered lease expiration schedule with a current 2.85-year weighted average lease term, with 29% of leases expiring in the next two years, offering an immediate value-add opportunity to bring rents to market levels and enhance cash flow.
Situated in a prime location with high visibility and access to a well-established healthcare infrastructure, this asset benefits from Upland’s strong market fundamentals, including a low 5% vacancy rate for medical office space. The property’s stability, combined with significant upside potential, makes it an attractive investment in a highly desirable and growing region.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
12,125 SF
Building Class
C
Year Built
1979
Price
$3,400,000
Price Per SF
$280
Cap Rate
4.84%
NOI
$164,560
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,062 SF
Slab To Slab
10’
Building FAR
0.33
Lot Size
0.84 AC
Zoning
Medical Office - Medical Building
Parking
61 Spaces (5.03 Spaces per 1,000 SF Leased)

Amenities

  • Wheelchair Accessible
  • Reception
  • Central Heating
  • Air Conditioning
  • Smoke Detector

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 102
  • 2,540 SF
  • Medical
  • Full Build-Out
  • Now

This space has been used by an Endodontist is an excellent location for a general dentistry practice. Portion of square footage relates to % of tenant's common area. Usable square footage 2,034. Existing equipment and business is available for purchase.

Space Size Space Use Condition Available
1st Fl-Ste 102 2,540 SF Medical Full Build-Out Now

1st Fl-Ste 102

Size
2,540 SF
Space Use
Medical
Condition
Full Build-Out
Available
Now

1st Fl-Ste 102

Size 2,540 SF
Space Use Medical
Condition Full Build-Out
Available Now

This space has been used by an Endodontist is an excellent location for a general dentistry practice. Portion of square footage relates to % of tenant's common area. Usable square footage 2,034. Existing equipment and business is available for purchase.

Walk Score ®
Very Walkable (86)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1046-261-13
Land Assessment
$243,722
Improvements Assessment
$2,078,318
Total Assessment
$2,322,040
  • Listing ID: 33935779

  • Date on Market: 11/20/2024

  • Last Updated:

  • Address: 600 N Euclid Ave, Upland, CA 91786

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